The key rate is projected at 11-12% in 2028
MOSCOW, August 31. /TASS/. The Bank of Russia projects the key rate at 14.5-14.6% in 2026, and at 13-15% in 2027 under its pro-inflationary scenario, the regulator said.
The key rate is projected at 11-12% in 2028, and at 8.5-9.5% in 2029.
The Central Bank also expects inflation at 6-7% in 2026, 4.5-5.5% in 2027, and at 4% in 2028-2029 under this scenario. GDP growth is projected at 0-1% in 2026, 1-2% in 2027, 0.5-1.5% in 2028, and 1.5-2.5% in 2029.
The key rate is projected at 7-8% in 2028, and at 7.5-8.5% in 2029
The key rate is projected at 10.5-12.5% in 2027
The key rate is projected at 14-16% in 2028
According to the Bank of Russia’s medium-term forecast, the key rate in 2026 will average 14-14.5% for the year
Analysts expect the Bank of Russia to continue to ease monetary policy this year, but at a slower pace
Experts noted that the room for further monetary easing has narrowed due to accelerating inflation driven by rising fuel prices,…
